Paul Gibson works on the Geo-Spring hybrid water heater at General Electric's Louisville, Ky., plant. For many years, GE outsourced manufacturing of the water heater to a company in China. But in 2009, it decided to bring production back to the U.S.
For decades, American companies have been sending their manufacturing work overseas. Extremely low wages in places like China, Vietnam and the Philippines reduced costs and translated into cheaper prices for consumers wanting flat-screen TVs, dishwashers and a range of gadgets.
But now a growing number of American companies are reversing that trend, bringing manufacturing back to the United States in a trend known as "reshoring."
Federal Reserve officials are meeting this week to decide whether to continue easing up on economic stimulus measures. The pullback by the Fed so far is being felt around the world, especially in some emerging markets.
Ezra Klein and the team behind the Wonkblog at The Washington Post have found a new home. They are joining Vox Media, a digital outfit with sites serving sports fans, foodies and gamers — but little in the way of news about politics. The creation of the new site, tentatively called Project X, demonstrates the pull of digital media for entrepreneurial journalists.
The Internal Revenue Service wants to tighten rules on social welfare groups and it has opened itself up for public comment, giving Americans a chance to sound off. It seems people have a lot to sound off about. The agency has received thousands of comments about the IRS scrutiny of Tea Party groups seeking tax exempt status and the hundreds of millions of dollars raised from unnamed donors and spent on the 2012 elections. NPR's Peter Overby has more.
Federal Reserve Chairman Ben Bernanke will preside over his last Fed policy-making meeting on Tuesday and Wednesday. On Saturday morning, the first woman ever to lead the nation's central bank, Janet Yellen, will take over.
There's no doubt that during his two terms as chairman, Bernanke faced a challenge unlike any Fed chairman since the Great Depression: a global financial crisis that threatened to become financial Armageddon and followed by a deep recession.
Bernanke talked about how he survived it all during an appearance at the Brookings Institution recently.
KELLY MCEVERS: It's ALL THINGS CONSIDERED from NPR West. I'm Kelly McEvers, in for Arun Rath.
(SOUNDBITE OF TV SHOW, "THE TONIGHT SHOW WITH JAY LENO")
JAY LENO: Welcome to "Tonight Show." Now, folks...
: Next month, a new host will welcome the audience on "The Tonight Show." After two decades of hosting the program, Jay Leno is passing the torch to Jimmy Fallon. Fallon announced NBC's decision to change hosts last spring.
Beginning next week, NPR News will be taking an in-depth look at the unprecedented oil drilling boom happening on the Northern Plains, where the state of North Dakota has fast become one of the nation's most productive drilling regions. NPR's Kelly McEvers talks with NPR reporter Kirk Siegler, back from a recent reporting trip in North Dakota for the series.